IG Markets Ltd. was established in 1974 and nowadays is one of the leading FX brokers with offices in Europe, Africa, Asia-Pacific and the United States. The company began its journey as the world’s first spread betting firm, but has since expanded its services to include FX trading, indexes, bonds, options, commodities and ETPs.
IG offers its own proprietary trading platform, which can also be used on mobile devices. To help its clients, IG also provides useful platform walkthroughs, guides and seminars for everything from the very basics, to complex trading strategies.
IG’s platform provides multiple functionalities and tools for technical analysis. Although this can be useful for the experienced traders, it is sometimes overwhelming and confusing for the beginners.
Besides its own platform, IG also offers to its clients the MT4. However, most of their customers prefer IG’s custom made platform, and only 1% use the MT4.
IG – Pros (+) and Cons (-)
+ The broker is regulated, reputable and trustworthy;
+ IG’s custom-made platform is reliable and has a lot of functionalities;
+ The MT4 platform is well known to the experienced traders;
– IG is a market maker and there is a possible conflict of interest between the company and its clients.